This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

What would I need to do to structure the note in order to have a note buyer come in and buy the note or buy a partial enough to pay off the 215k at closing and still have some difference coming to me or the note revert back to me after the partial was paid for. 

I have resorted primarily just telling folks not to come out here on BP talking sub2 because those that do not like Pace  Morby and those that do not like Sub2 will come out speaking against suff that they do not understand.

I've never been to a pay laundry that didn't take twice as much drying as washing but not 10 times.   

On these very forums you hear countless stories of "I lost 5K and can't pay for me medical expenses".

As folks are telling you it is hard to say since it all depends on what you need to do.

This simple act of understanding can make or break the deal.Patience Pays: Results-driven but people-focused.

If you are prepared for the costs involved and the modifications needed to the property to make the basement unit conform, the pay off of creating an extra rent producing unit is huge. 

Focus on paying them off (smallest to largest), and you'll be living large in 20 years.

They had exhibited the desire to pay down debt and had cashed out the parks before us that had agreed to owner finance.